Too bad wishing away local and state financial collapse doesn’t work quite as well as it does at the Federal level.
Thanks to zerohedge for the reference and to the Associated Press for creating this interactive chart that nicely displays unemployment, foreclosures, bankruptcies, and a composite “stress index”, by county and state. Don’t forget to hit the “play” bar at the bottom and the time scaling function at the top right (monthly rate vs change, annual).
Remember, only the “finest” trends start in the West and move East.
Click The Above Image or HERE To View AP’s Interactive Map